–The protesters are marching against the wrong guys.

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

Mitchell’s laws:
●Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
●The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
●Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
●Austerity is the government’s method for widening the gap between rich and poor.
●Until the 99% understand the need for federal deficits, the upper 1% will rule.
●To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
●Everything in economics devolves to motive, and the motive is the Gap.
==================================================================================================================================================================

The protesters are marching against the wrong guys:

Protesters flood California highway, throw rocks, bottles at officers, police say
By Holly Yan and Joe Sutton, CNN
updated 10:04 AM EST, Mon December 8, 2014

(CNN) — From the streets of California to the stores of New York City, protesters are making sure no one forgets the case of Eric Garner (Staten Island, New York).

But some are doing so more violently than others.

Demonstrators flooded a highway in Oakland, California, late Sunday night, prompting a heated standoff in the freeway between protesters and the California Highway Patrol.

Some threw explosives, bottles and rocks at officers, authorities said. Highway Patrol Sgt. Diana McDermott said it wasn’t clear what type of explosives were thrown, but she said some in the crowd had Molotov cocktails and M-80 firecrackers.

And:

What Happened in Ferguson?

Michael Brown, an unarmed black teenager, was shot and killed on Aug. 9, by Darren Wilson, a white police officer, in Ferguson, Mo., a suburb of St. Louis. The shooting prompted protests that roiled the area for weeks. On Nov. 24, the St. Louis County prosecutor announced that a grand jury decided not to indict Mr. Wilson. The announcement set off another wave of protests.

In New York and Missouri, and all over the nation, people protest the police shooting of unarmed black men. Meanwhile:

‘Go to work … idiots’: Staten Islanders angrily respond to SIE protest for Eric Garner

figman: Go to work people it’s healthy for you idiots to learn to be independent!!!
Kristine6: Why don’t these protestors actually contribute to society in a positive way and get jobs??
Sheldongirl: Not doing anything except inconveniencing their fellow Staten Islanders. Dumb.
Wowza: Let the people who pay for your government cheese and welfare checks get through so they can get to work- so in turn you can continue to protest and not work. Losers.
siperson: Don’t these people have a job? Oh wait a minute . . . what the heck was I thinking?
mscan19037: The Grand Jury made a decision and said this case is over … it’s over! Law & order won. Now go home and start being respectful if the police ever they stop you. Better yet, don’t do anything that would give them reason to stop you.
Mike Carr: A minor problem, easily solved! Sanitation trucks are already equipped with snow plows! See how quickly these a*****s disperse when a 50-60mph snowplow is coming at them.
John Cleary: They should all remember if we don’t work they don’t get their freebies.
Mike Catalano: I say if your stupid enough to march in traffic you should get run over.
Maria Miranti: “Black lives matter”… I personally believe that ALL lives matter, and I guess their lives don’t matter to them if they’re willing to play in traffic. Run ’em over!
George Malatesta: They should be thrown off the Bridge into the Bay. Start it off by tossing Reverend Al Sharpton first.

Everyone is angry. The protesters are angry about police bigotry and militarism. The anti-protesters are angry at the protesters for protesting (and for deep-seated racial reasons).

Now a question: If your community had a judge who never convicted a criminal, but instead let every criminal go free, to whom would your anger be directed. The criminals or the judge?

My anger would be directed at the judge, and that is why I believe the protesters’ anger is misdirected.

Yes, the police in some communities are out of control, and yes, there are bigots, hotheads and even psychos who wear the badge — a minority, just like the minority in the general population.

But there is a reason why those police are out of control. The person assigned the job of controlling them is out of control.

And that is what drives a populace to mob action.

It’s Incredibly Rare For A Grand Jury To Do What Ferguson’s Just Did
NOV 24 By BEN CASSELMAN

Former New York state Chief Judge Sol Wachtler famously remarked that a prosecutor could persuade a grand jury to “indict a ham sandwich.”

The data suggests he was barely exaggerating: According to the Bureau of Justice Statistics, U.S. attorneys prosecuted 162,000 federal cases in 2010, the most recent year for which we have data. Grand juries declined to return an indictment in 11 of them.

The reason: In a grand jury, the prosecutor acts as both the sole lawyer and the judge. He (she) presents only the evidence he wishes to present — one side of the story.

Any prosecutor, even the most incompetent boob who ever sneaked into a courtroom, could get a grand jury to indict you, dear reader, for being a murdering terrorist. All he would need do is make claims about existent or even non-existent evidence. There is no rebuttal.

So what happened in Missouri and New York?

There are at least three possible explanations as to why grand juries are so much less likely to indict police officers.

The first is juror bias: Perhaps jurors tend to trust police officer and believe their decisions to use violence are justified, even when the evidence says otherwise.

And, perhaps it is impossible to exclude racial bias from the mix. Many blacks’ have been “taught” that police are bigots to be hated. Many whites’ have been “taught” that blacks are criminals to be hated.

The second is prosecutorial bias: Perhaps prosecutors, who depend on police as they work on criminal cases, tend to present a less compelling case against officers, whether consciously or unconsciously.

I suspect this is the main reason. The only part that’s questionable is the “unconsciously” caveat. I strongly doubt it’s not conscious.

The third possible explanation is more benign. Ordinarily, prosecutors only bring a case if they think they can get an indictment. But in high-profile cases such as police shootings, they may feel public pressure to bring charges even if they think they have a weak case.

We don’t elect prosecutors to be judge and jury on the most serious cases. We’re not talking about something trivial like shoplifting or smoking a joint. We’re talking about unarmed, young men being shot to death by multiple gunshots. That is the major league of crime.

The strength of that kind of serious case is for a judge or jury to decide.

My message to the protestors: If you’re going to angry at anyone, be angry at the prosecutors. If police are going to get a free ride every time they shoot an unarmed civilian, what will prevent them from continuing to shoot unarmed civilians?

The policemen should have gone through trials. All the evidence should have been presented by prosecutors and strong defense attorneys.

If the evidence points to innocence, fine. But at least next time, policemen may have reason to think before using deadly force against an unarmed civilian.

Yes, the police have a tough, dangerous job. I sure wouldn’t want to be one. They each see more crime in a day than I’ve seen in my life. They deal with the dregs of humanity. I admire the police.

That said, there must be controls to protect society from our “protectors.” And the first line of defense is the prosecutor. If the prosecutor isn’t protecting you, he should be fired or prosecuted.

Else, the law is meaningless and we have anarchy.

Rodger Malcolm Mitchell
Monetary Sovereignty

===================================================================================
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually. (Refer to this.)
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)

The Ten Steps will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.
——————————————————————————————————————————————

10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt

No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.

THE RECESSION CLOCK

Vertical gray bars mark recessions.

As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.

#MONETARYSOVEREIGNTY

–Fairness and the new American patriotism

We all are hardwired to demand fairness and to reject unfairness:

The Ultimatum Game Two people, Alice and Bob, play. An experimenter puts 100 one dollar bills on a table. Alice may divide the money between herself and Bob however she chooses. Bob then decides whether to accept her division, in which case each keeps the money as Alice divided it, or to reject the division, in which case neither receives any money. If Bob acts rationally, he should accept any division in which Alice offers him at least one dollar, since doing so leaves him with more money than he would have had otherwise. If Alice knows that Bob will act rationally, she should offer Bob one dollar and keep 99 for herself. In practice, divisions which Bob regards as unfair are generally rejected.

Think about this: If you were Bob, what division would you accept? If Alice divided $95 – $5 in her favor, would you accept it? What if Alice were poor and you were rich? We all are together; we all are human. But where we diverge — conservatives vs. liberals — is in what we consider to be fair. In general: The liberal mind sees the gap between the “haves” and the “have-nots” as being an unfair accident of fate, the “lucky gene” concept. “There, but for the grace of God, go I.” The conservative mind views the gap as being earned, the result of hard work, honesty and religious faith. They see the rich as “makers” and the poor as “takers,” whom they resent as unfairly receiving government benefits. The liberal mind feels sympathy and compassion for the downtrodden (whom they feel receive unfair treatment in life) and anger against the rich and powerful who “tread” on the poor. The conservative mind feels disgust and anger at the poor (who receive unfair government largess) and feels deference to the rich and powerful. From Franklin Roosevelt through Lyndon Johnson, when liberalism was in vogue, America fought WWII, created Lend-Lease, the Marshall Plan, Social Security, Medicare, Medicaid, the Voting Rights Act and much other legislation of benefit to minorities, the elderly, the poor, the uneducated and other powerless groups. From Ronald Reagan through Barack Obama today, the nation has turned toward conservatism. Federal spending on social programs is being disputed under the banner of pragmatism and financial prudence, and a record number of voting restrictions (all aimed at the non-white poor) have been proposed by state and local legislatures. Today’s conservative Supreme Court has enabled laws restricting voting rights and excessive campaign contributions — laws that favor the rich over the poor. If you dispute including Barack Obama in the conservative “column,” consider this. He:

–Repeatedly proposed a “Grand Bargain,” which featured raising taxes on the poor and cutting Social Security and other social benefits –Dramatically increased FICA, the most regressive tax in America –Hired conservatives Simpson & Bowles to support cuts in deficit spending on social programs –Cut the deficit to its lowest point since 2008 –Deported more immigrants than any American President in history –Failed to prosecute any criminal “banksters” –Instituted a health-care program that ostensibly helps the poor, but in fact, unnecessarily asks young people to pay the tab.

Obama may have a liberal mind. I can’t say. But if so, his weakness of character has caused him to submit to the Tea/Republicans in Congress. The liberal mind is tuned more toward empathy and compassion for the weak, with hostility reserved for the bully:

Protests against police violence block traffic in New York Reuters: By Robert MacMillan, Andrew Chung and Sebastien Malo Protests over U.S. police violence against minorities, sparked by grand-jury decisions not to charge officers in two high-profile cases, were peaceful on their third night in New York.

Conservatives lean far less toward empathy and compassion, with fear and hatred being their strongest emotions (thus the primarily conservative support for universal gun ownership). Conservatives love America (repeatedly presenting the flag and proclaiming their patriotism), but hate the American government and American liberals, gays, poor, blacks, browns, yellows, women, immigrants and people of a different or no religion.

Race resurfaces in conservative protests against Obama 09/13/13, By Benjy Sarlin That was just one of several especially virulent displays of anti-Obama fury that drew national attention in recent days. In Phoenix last Tuesday, a protest of Obama’s visit included a chorus of “Bye, bye, black sheep!” According to The Arizona Republic, one person shouted “he’s 47 percent Negro!” while another raised a sign reading “Impeach the Half-White Muslim!” This weekend, Obama faced a similar greeting in Orlando, Fla., as several dozen protesters lined his motorcade route, including one whose sign read “Kenyan Go Home!” The “birther” movement questioning Obama’s legitimacy peaked in 2011 after Donald Trump explored a presidential campaign centered around the conspiracy theory.

It is the conservative mentality — that combination of fear and loathing — that built the first border wall in American history.

The Marshall Plan was the American initiative to aid Europe, in which the United States gave $13 billion (approximately $160 billion in current dollar value) in economic support to help rebuild European economies after the end of World War II. Belgian economic historian Herman Van der Wee concludes the Marshall Plan was a “great success”: “It gave a new impetus to reconstruction in Western Europe and made a decisive contribution to the renewal of the transport system, the modernization of industrial and agricultural equipment, the resumption of normal production, the raising of productivity, and the facilitating of intra-European trade.”

Can you, in your wildest dreams, imagine today’s conservative Congress, voting for the Marshall Plan of 1948? It is doubtful today’s conservatives would vote to give an extra $160 billion to poor Americans, let alone to foreigners. In Summary: Though liberals and conservatives argue the logic of their cases — the “makers” vs. the “takers” argument — the real differences go far beyond logic. The differences are in the fundamental psychological disposition of the two sides. I do not believe these differences relate only to genetic makeup or life experiences. I believe it is leadership that has created and separated the conservative brain from the liberal brain. We all rely on our leaders to teach us right from wrong. We are social animals who travel with the herd. In some decades, our leaders have preached altruism, benevolence and compassion. Other decades’ leaders have pushed us toward selfishness, intolerance and hatred. At one time, we were, as Tom Brokaw termed, the “Greatest Generation.” We were patriots. We gave “our lives, our fortunes and our sacred honor,” for our nation, for our neighbors and for those whom we know and love. Today, as we hide behind our Berlin-style border wall, topped with spikes and wire, I fear we have become the “Hate Generation,” giving reluctantly and resentfully, if at all, to few if any. This has become the new American patriotism. Rodger Malcolm Mitchell Monetary Sovereignty Twitter: @rodgermitchell Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell ………………………………………………………………………………………………………………………………

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

Monetary Sovereignty describes money creation and destruction.
Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics. Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps: Ten Steps To Prosperity:

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest. MONETARY SOVEREIGNTY

–Sometimes you only can shake your head in wonderment: Rand Paul version

==================================================================================================================================================================
Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

There are no words to describe this. Sometimes you only can shake your head in wonderment:

Rand Paul blames Eric Garner’s death on high NYC cigarette tax
By Sara Fischer, CNN
updated 8:33 AM EST, Thu December 4, 2014

A U.S. senator is blaming the politician that created the (NY cigarette tax) law for the chokehold death of Eric Garner, an unarmed black man, by a white police officer in New York City in July.

“I do blame the politician,” Sen. Rand Paul, R-Kentucky, explained on MSNBC’s “Hardball.” “We put our police in a dangerous situation with bad laws.”

Garner died after a police officer put him in a chokehold while trying to arrest him for selling tax-free cigarettes. Paul said Garner’s death would have been prevented if the law creating New York City’s high cigarette taxes — the highest in the country — wasn’t created.

“So they’ve driven cigarettes underground so as not to make them so expensive. But then some politician also had to direct the police to say, ‘Hey, we want you arresting people for selling a loose cigarette.’ And for someone to die over you know breaking that law — there really is no excuse for it.”

Meet our next President. America simply can’t catch a break.

Rodger Malcolm Mitchell
Monetary Sovereignty

#MONETARYSOVEREIGNTY

–At last: Obama’s Republicans present their immigration reform plan

Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm Mitchell

The world has been waiting for the Tea/Republicans to accomplish anything, anything at all — except, of course, to stymie President Obama. And now we have it: The Republican immigration reform plan:

Sun Sentinel
GOP hints at plan on immigration
By Lisa Mascaro, Michael Memoli and Josepth Tanfani

“Hints at”? Well that’s a bit disappointing. But perhaps the article itself will provide more specific information.

Hoping to prevent a government shutdown by opponents of President Barack Obama’s immigration plan, House Speaker John Boehner floated a proposal Tuesday that would fund most of the government — but not the immigration agencies –through the end of the 2015 fiscal year.

O.K., let’s see:
1. The President has announced a plan to benefit 5 million immigrants
2. The Tea/Republicans have “floated” a plan to fund “most of” the government, except immigration agencies. So the immigration agencies will not be able to function.

That’s the Tea/Republican immigration reform plan.

The Republican leader insisted the plan remained a work in progress as leaders tried to round up support.

Support for what? Support for not shutting down the government. Support for defunding our immigration agencies?

To sweeten the deal for GOP hard-liners, a separate measure condemning Obama’s go-it-alone executive action on immigration would be voted on in the House as soon as this week.

Condemning Obama does not just “sweeten” the deal; it’s the whole deal. (Does this remind you of the House’s 50+ votes against “Obamacare,” for which the Tea?Republicans also submitted no plan?

Boehner’s move was the opening salvo in what is expected to be a long-running legislative fight to undo the president’s immigration executive action, which would protect up to 5 million immigrants — mostly parents of U.S. citizens.

The purpose of essentially all Tea/Republican fights has been to undo something of President Obama’s — not to DO anything. For the past 6 years, the Tea/Republicans have been the undo party, not the do something party.

Some GOP conservatives want to use the upcoming Dec. 11 deadline to pass new government appropriations bills as leverage, which could provoke a shutdown.

How productive! Close your eyes, make fists, stomp, shout, “No, no, no,” and then shut down the government unless you get your way. That’s much easier than actually governing.

Democrats in Congress could provide Republican leaders with the help they need for passage. On Tuesday, they softened their opposition to Boehner’s plan.

Of course. Though Democrats have taken what seems to be the lily-livered road for the past six years, in reality, they don’t care whether the government shuts down. Two reasons:
1. It will give them talking points against the Republicans
2. Less federal spending widens the gap between the rich and the rest, and that is what these politicians have been paid to do.

“Our immigration system is broken, and we need to fix it,” said Rep. Michael McCaul, R-Texas. “There’s a right way to do this and a wrong way, and unfortunately the President has chosen the wrong way.”

Right. Because as every Tea/Republican knows, the right way is . . . uh . . . well . . . er . . . whatever Obama doesn’t want is the right way, and whatever Obama does want is the wrong way.

Who says the Tea/Republicans don’t have a program?

My only question is, who are the people who feel so passionate about supporting a party that presents no positive ideas — not for immigration, not for health care, not for defense, not for anything — and only wishes to say “No,” to Obama?

Here is a secret. President Obama runs the Tea/Republican party. He can get them to say “Up” whenever he wishes. All he needs to do is say “Down.”

The Obama-haters have made Obama their leader.

Rodger Malcolm Mitchell
Monetary Sovereignty

#MONETARYSOVEREIGNTY

Share this:

Share this:

Share this:

Share this: